chart patern look likes inverted bearish fleg pattern . broken support line on daily chart
Double bottom activated targets and SL mentioned on the charts
Mangalam Organics looks good for a swing trade first TGT 1040 SL- if the trend line is broken
Noticed a strong breakout with high volume supported by a 3-week volume fallow up. new all-time high possible.
Man organics is out from cup handle and it is in corrective forming a bullish wedge
Stock retested the breakout resistance levels and now likely to resume rally
Buy at 735 Stop Loss at 675 Target 880, 1025 Note: This is purely for educational purposes only and is NOT a Buy/Sell Recommendation.
Adding in my portfolio and looking for 2R in upcoming days....
Stock Analysis of Mangalam organics. Technical Analysis of stock and its important levels
MANGALAM ORGANICS - VOLATILITY COMPRESSION - WEEKLY CHART
The stock has broken the rounding bottom pattern and successfully restest with continuation after the breakout. Can be bought for a target of 870. CMP-850. Please Like and follow! Happy Trading :) PS- I always believe in trading in stock with good to medium fundamentals(can also be seen from my history of suggested stocks). The success mantra for trading is to...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
One more chart set up looks attractive .Breakout lifetime high with extremely high volume .
For Education purpose only Monarg Perfect BO done last week, Successfully retested support. Bounce from support Superb Volume, C&H pattern. Dtd 9th May 2021
Target will be 800+ and then 950+ SL big at 430 Pattern, my favourite triple top breakout
Mangalam May do good on price chart
SL 460 TP1 850 TP2 1220 TP3 2000